Raksha Bandhan is just around the corners and for sure, siblings have already started prepping themselves for the festival to show love and affection towards each other. The festival holds special place in the hearts of all brothers and sisters. No matter if they fight the whole year over silly things, but when it comes to protecting each other, they are the first to safeguard each other.
From keeping each other’s secrets to guiding over each and every issue is what siblings are doing these days. And, as we are going through the worst global crisis of all times, it is important to guide your sibling to sail through this tough time.
Notably, several businesses have shut and many are struggling through job loss and major pay cuts. Therefore, this is high time when you need to take your finances really seriously and make your sibling learn the same. While every year we pay heed to gifting something expensive to your sister, but as time has changed for now, why not consider opening an instant savings account for your sister/brother. This year has been no less than a roller coaster so far and thus, it is wise to make some concrete steps towards financial management.
Why opt for instant savings account?
It has been a long tradition for sisters tying silk thread around their brother’s wrist to take a promise that they will protect their sisters for the rest of life. And, what could be the best time other than this to gift your sister a financial security that lasts forever. A savings account is probably the best gift you could ever give to your sibling, especially during this time of crisis. This will not just remain with them forever, but will also promote financial habit. There’s a lot you can do with a single instant savings account and this will be a gift that your sister will always cherish.
Earn interest – Raksha Bandhan is all about receiving cash gifts and isn’t it will be exciting if this tradition continues life long? Most instant savings account comes with high interest rate, which allows the accountholder to earn interest every month making a handsome saving in long run. Simply open an instant account for your sister with some deposits and make her go happy forever.
Complimentary risk cover – As the world is gripped in Coronavirus pandemic, everyone is concerned about protecting and safeguarding their loved ones. And, as Raksha Bandhan is all about making a lifetime promise to protect your siblings, it is a great time to gift an insurance policy with extended risk cover benefits. Notably, most savings account offer insurance coverage benefits at minimal premium value. So, instead of scrolling down the internet to find the best gift this Rakhi, why not open an account with complimentary risk cover privileges?
Start a SIP – Remember how you used to save penny-by-penny just to buy a chocolate for your lovely sister? The time might have changed a lot today, but the love and affection you have for your loved ones should never fade. As your little sister is a grown up now, why not guide her through financial management? This Rakhi, you can help your sister set up Systematic Investment Plan (SIP) for financial benefits in long run. Most instant savings account offer SIP, which promotes saving habits while building systematized wealth over the years. SIP has the potential to create financial discipline to accomplish long-term financial goals.
So, see how much you can gift to your sister with a single instant savings account.